The granting of Preferential Certificate of Origin will be classified from 15th August

( August 10, 2018 | 20 views )

According to the Government’s portal, from 15th August 2018, the granting of Preferential Certificate of Origin will be implemented by the channel classification method under provisions in Circular 15/2018/TT-BTC issued by the Ministry of Industry and Trade.

Green channel regime

In order to be applied the Green Channel regime in the procedure for granting preferential C/O, traders need meet the following criteria: trader was recognized as a prestigious exporter by Ministry of Industry and Trade; or was recognized as an Authorized Economic Operator in the Customs management by Ministry of Finance; Or trader satisfying the following conditions: Trader has not violated on origin regulations in the two latest years before the time of applying for the approval of Green channel regime; has full dossier archive system (paper and e-dossier) to prove the authenticity of the C/O and origin of goods within the archival time limit prescribed in the Government’s Decree No. 31/2018/ND-CP; implement the e-C/O declaration via the system for management and granting e-certificate of origin (www.ecosys.gov.vn) and have the frequency of applying at least 30 sets of preferential C/O per year.

Trader will enjoy the priority regimes when it is classified into Green Chanel including: Priority for late submission of documents, priority for the time of granting preferential C/O and priority for physical inspection of goods and manufacturing establishment.

Specifically, the time for late submission of documents shall be extended within 45 working days from the date of granting C/O for documents that are permitted for late submission as per provisions in Decree 31/2018/ND-CP. The time limit for handling for granting preferential C/O in paper form is 6 working hours after receiving legal dossier; trader is exempted from physical inspection of goods and manufacturing establishments in the application for granting preferential C/O.

Red channel regime

Commodities subject to the Red channel regime are identified by the following criteria: Commodities have high risk in origin fraud to evade trade remedies of importing country or enjoy preferential tariffs from commitments that an importing country gives to Vietnam; or commodities with the significant and irregular increase in volume of C/O subject to be investigated and verified the origin of goods under the request of importing country.

When being classified into the Red channel, trader must fully submit documents (paper and e-documents) as per provisions in Clause 1 Article 15 Decree 31/2018 /ND-CP.

The handling of dossiers for granting of preferential C/O shall be implemented within 3 working days after receiving legal paper documents in accordance with regulations.

Regarding physical inspection of goods and manufacturing establishments: Preferential C/O-granting agencies and organizations shall implement physical inspection for goods and manufacturing establishment for commodities which have applied for preferential C/O for the first time, or in the case where trader applies for granting preferential C/O, when there is suspicion of goods origin fraud.